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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Writing off of scrips of shares held by him as stock – Business ...


Court Allows Business Loss Claim for Writing Off Share Scrips Held as Stock; Revenue Fails to Contest Successfully.

November 6, 2013

Case Laws     Income Tax     AT

Writing off of scrips of shares held by him as stock – Business loss - the assessee discharged the primary onus and it is for the revenue to rebut the same - claim allowed - AT

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